Maadhav Automotive Fasteners new Product Development Engineer Salaries by 3 Employees (Updated 2025)

0 - 4 years exp.

₹2.1 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

31% less than the average new Product Development Engineer Salary for 0 - 4 years of experience

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Salaries in different departments

Research & Development new Product Development Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.6 L/yr
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Production, Manufacturing & Engineering new Product Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Maadhav Automotive Fasteners for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India new Product Development Engineer Salary 0 - 4 years exp. (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr 27% less
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 63% more
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INDO-MIM new Product Development Engineer Salary 0 - 4 years exp. (71 salaries)	₹2.7 L/yr - ₹5.7 L/yr 44% more
L.G.Balakrishnan & Bros new Product Development Engineer Salary 0 - 8 years exp. (42 salaries)	₹2.1 L/yr - ₹5 L/yr 25% more
JBM Group new Product Development Engineer Salary 1 - 8 years exp. (32 salaries)	₹2.3 L/yr - ₹5.7 L/yr 41% more

new Product Development Engineer salary at Maadhav Automotive Fasteners ranges between ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Maadhav Automotive Fasteners.

Experience wise Maadhav Automotive Fasteners new Product Development Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Maadhav Automotive Fasteners

Development Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Senior Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Quality Engineer Salary

(5 salaries)

₹1.45 L/yr - ₹2.4 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Maadhav Automotive Fasteners new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Maadhav Automotive Fasteners?

According to AmbitionBox, 100% of the Maadhav Automotive Fasteners new Product Development Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Maadhav Automotive Fasteners new Product Development Engineer Salaries

Maadhav Automotive Fasteners new Product Development Engineer salary in India ranges between ₹2.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Maadhav Automotive Fasteners latest salaries received from various employees of Maadhav Automotive Fasteners.

Maadhav Automotive Fasteners new Product Development Engineer salaries in India

Companies similar to Maadhav Automotive Fasteners for new Product Development Engineer

Latest annual salaries shared by Maadhav Automotive Fasteners new Product Development Engineer

Experience wise Maadhav Automotive Fasteners new Product Development Engineer salaries

Similar Designation salaries in Maadhav Automotive Fasteners

Maadhav Automotive Fasteners new Product Development Engineer Salary FAQs

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